By earn 
On expected lines we have seen a sharp recovery of almost 700 points from the recent lows and as been highlighting the breach of levels on the upside band now will see new all time highs again for the markets.
FIIs again back to above 50% net longs, with the sentiment being positive for the session yet again.
From here again longs climbing up till 65% to 68% cannot be ruled out, which in turn will push Nifty to move towards 24900/25000 zones.
NIFTY option chain reflects on support zones being elevated to 24300 strike, with individual strike PCR_OI at 24500 being comfortably above 1 as well definitely hints on the very positive setup for the INDEX.
BANKNIFTY option chain looks concrete with support now at 50000 mark and upside immediate targets straight heading towards 52000 zones.
ACTIONABLE IDEAS:
NIFTY buy on a positinal support now at 24200 zones, for TGTs till 25200/25500 levels. Intraday gapup opening likely, buy on declines till 24600/24550, Sl 24480, TGT 24850+
BANKNIFTY on declines till 50200, a good accumulation… SL 49900, TGT 51500+
